危机就是转机!!
The Chinese use two brush strokes to write the word "Crisis". One brush stroke stands for Danger, the other for Opportunity. In a Crisis, be aware of the Danger but recognise the Opportunity. - Former US President Richard Nixon

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Friday, September 14, 2012

Well, if you have not been mediating in the
nearby cave recently, you should know that
the whole world is expecting a QE3 stimulus
package to be announced yesterday night.
Guess what, Mr Bernanke did not disappoints
the mass as he fulfilled the expectation with
a bang.

If you have been chatting with me over the last
few days, you will know that I don't believe a
QE3 is needed and what it all mean is that we
are really in a big problem and we are digging
the hole deeper. Anyway, now that the market
got what they ask for, but the investors and the
market players will be asking,"What's Next?"
Seem like we will be back to drawing board once
again pretty soon...

Looking at the pre-opening quote, most stocks are
likely to open higher but it is at such time that one
should stay vigilant and alert to any sell-on-news
or just plainly, "I got what I wanted, and now is the
time to dump" by some market players.

Ok, on a side track and some update on my latest
addition to the blog. I am opening up advertising
spaces on my blog for anyone who wish to tap a
good traffic generated by my blog. If you are a dealer
or a remisier with any brokerage right now, you will
be interested to know that you can advertise on
my blog soon. The only free advertisement on the blog
will be Indie-Lab.com banner that you see, as that
was what I promised to a Skype readers long ago.
If you have a product or a website, we can discuss further
the possibility of having a advertising banner on my
blog. Just email or Skype me, anything is possible,
except when it touches on sensitive issue like Races
Religions and Politics.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.If you don't like what you see in the market,
simply don't trade.

Thursday, September 13, 2012

The market had been trading in a rather
ebullient mood lately with most of the stocks
enjoying a good surge and a succulent profits
for those who dare to take the plunge. It seems
like we are going to hear great news from the
Fed chief himself and a QE3 is expected and
imminent, but is this really what the market needs?
I shared with a few readers that the market is not
lacking in liquidity right now, there are still plenty
of hot money circulating and what we really lack
in the investors, retailers and even the major
powerhouses is Confidence. There are still lots
of Fear within the joyous mood we are seemingly
in right now. I would be rather cautious at this stage
as any disappointment is likely to trigger another
selling and it may be a swift and deep one as well.
Even if Bernanke give the green light today to print
even more money, it is already well expected and
a sell-on-news maybe on the cards too.

I went for a seminar which featured the renowned
Doctor Doom, Marc Faber a couple of months ago.
He shared with the participants his views on the
current market situation and condition. One particular
memorable and interesting thing he mentioned is
about the QE3, if it really happens. He gave the example
that it like you drop something (like a bag of coins or a bomb)
into the middle of a room. Only the one nearest to the
impact zone will benefit the most and the one at
the corner of the room may not feel it at all.
I agree with what he said wholeheartedly.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.If you don't like what you see in the market,
simply don't trade.

Wednesday, September 12, 2012

Yesterday a reader wrote a comment on the
blog and it goes, "SL, tks for the STX OSV tip,
make a quick punt and profits." Yes, I suggested
that STX OSV will likely surged in yesterday blog,
but it was never meant to be a tip. It is what I observed
from the chart and the late market action on Monday.
Anyway, OSV hit a high of 1.695 exactly as what I
mentioned on the resistance level of 1.69-1.70 and
reversed to close at 1.66 At the moment, it is stuck
between range and I can only said that I am still
bullish bias that it will test the resistance level again
rather than moving toward the 1.62-1.63 support.

Ok, I received some feedback by email or Skype that
they never received my report mail-out yesterday.
Somehow, I observed that it had landed in the spam
folder for some readers so please check whether it
is inside there this time.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.If you don't like what you see in the market,
simply don't trade.

Tuesday, September 11, 2012

I wasn't available yesterday to write the
Market View as I was out settling all the
issues in my next coming trip. I will be
taking a spiritual and emotional sabbatical
break from the 19th to 28th September and
the Market View will return on 1st October.
This is really going to be a very well-rewarded
break for my soul, body and my drained mind.

I don't know whether the readers noticed the
last-minute action by STS OSV yesterday afternoon.
At about 4.42pm, there were strong buying forces
that propel the stock from 1.635 to close at
1.66 within 15 minutes of push-up. I will be
focusing closely at the counter as I believe that
there are more action to come. The next meaningful
resistance will be at the 1.69-1.70 region.

If you are waiting for clear signal from the Fed
meeting and particularly the Fed Chief on Thursday
night, then you may continue to stay sideline.

By the way, I will be doing a research report mail-out
today with last week's reports.

Enter any position with a Cut-loss level & Trailing Stop,
and Please practice strict Money(Risk)-management.If you don't like what you see in the market,
simply don't trade.

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About Me

Audentes Fortuna Juvat!!!
危机就是转机!!!
I am a Stock Investor/Trader in Singapore
stock market, and I am also involve in some other money-making ventures and constantly looking
out for opportunities to make even more $$$.
You can contact me at stocklobang(at)yahoo.com